Bangladesh a dynamic entrepreneurial society: US

Lauds leadership of PM Hasina for lifting women up

Diplomatic Correspondent

22 May, 2020 12:00 AM printer

Lauding the leadership of Prime Minister Sheikh Hasina, a top diplomat of the United States described Bangladesh a “dynamic entrepreneurial society” whose social indicators have been a real success story. 

“What we’ve seen in a country like Bangladesh – again, a dynamic entrepreneurial society whose social indicators have been a real success story, and the leadership of Prime Minister Sheikh Hasina and lifting women up in particular has been so noteworthy – we see the devastating impact of the disease with the cutting off of supply lines, the unfortunate, if only temporary, loss of markets as a result of disruptions in the ready-made garments sector,” said Ambassador Alice G. Wells, Acting Assistant Secretary, Bureau of South and Central Asian Affairs.

Addressing a special briefing via telephone on Wednesday in Washington DC, she said the last three years has also seen significant growth in the US-Bangladesh relationship. 

“Bangladesh has rightly been commended for the generous response of its government and people to the Rohingya refugee crisis and their cooperation with international humanitarian partners,” Alice added. 

The US diplomat said the United States is the single largest contributor of assistance to the Rohingya crisis, but Bangladesh is much more than just a host nation for refugees; it is a country that has achieved impressive economic growth over the last decade, accompanied by strides in human development. 

“It plays an important role in the Indian Ocean region, and our security cooperation has grown closer.  And we encourage Bangladesh to renew its commitments to democratic institutions and governing structures, which we think will further growth in our bilateral relationship that’s based on shared values,” she said.

Alice Wells said a changing order in global supply chain in view of COVID-19 could benefit Bangladesh economy and said this is time of diversification of global supply chain…can also be a moment of opportunity for Bangladesh.

“Now, already we’re seeking to address that.  We’re trying to match-make between Bangladeshi manufacturers and consumers in America for critical medical supplies, as the Bangladeshi factories are retooling and seeking new markets.  And we will continue to look for all opportunities to be able to increase the trade and investment relationship between our two countries,” said the US Acting Assistant Secretary of State.

She said America remains or has been the largest export market for Bangladesh. “We’re very important to Bangladesh’s economic health.  And again, I think at a time of some de-risking from China, from diverse – at a time of diversification of global supply chains, this very, very painful time can also be a moment of opportunity for Bangladesh.”